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    Industry welcomes revised expense rules, but could distributors feel the pinch?

    Industry participants say the answer is not straightforward and will take time to assess. While expense caps have been lowered, asset management companies (AMCs) are unlikely to absorb the entire impact

    Anishaa Kumar
    December 19, 2025 / 11:14 IST
    Under the revised structure, equity schemes below Rs 500 crore AUM will have a cap of 2.10% (earlier 2.25%), while debt schemes will be capped at 1.85% (earlier 2.00%). For equity schemes above Rs 50,000 crore, the cap has been reduced to 0.95%. The new rules will take effect from April 1, 2026.
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